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Property taxes — up the most in 15 years in 2020, according to recently released Labor Department data — will likely see even sharper jumps this year.

Portfolio and private-label loans declined significantly, while conventional GSEs also reduced their share of forborne borrowers

The company will return to selling pieces of its credit exposure to private investors during the last three months of the year, but is still evaluating its strategy for 2022.

Mazi Bahadori is the chief operations officer at Altruist.

A seasoned veteran in financial technology, he previously served as the chief compliance officer and director of operations for Aspiration. Prior to this, he worked for PIMCO as vice president of legal and compliance, for Morgan Stanley as a financial advisor and for Goldman Sachs as a government affairs associate.

Large companies competing to become the Amazon or Google for home lending products discuss their use of acquisitions and targeted marketing to cultivate the image of being a one-stop-shop innovator.

Sandra Thompson, who has been acting director of the Federal Housing Finance Agency since June, has won backing from the mortgage industry and community groups for the experience she brings to the role. The push comes as the administration is said to be considering Mike Calhoun of the Center for Responsible Lending.

Following completion of this sale and that of the valuation business, Xome will focus on real estate auction and asset management.

The government-sponsored enterprise also expects purchase and refinancing volumes to drop in 2022.

U.S. homebuilder sentiment rose in September amid lower lumber prices and strong housing demand.

Doug Kantor is general counsel at the National Association of Convenience Stores and is a member at the Merchants Payments Coalition.